Tool Tracking Tips: How To Improve Construction Equipment Tracking

Tool Tracking Tips - How To Improve Construction Equipment Tracking

Construction equipment tracking can help you solve a lot of the common issues that face the construction industry. Tools going missing, asset theft and lengthy asset downtime are all problems that tool tracking can help to solve.

So, why start tracking construction equipment? Because you get more visibility and more control over your equipment, and this visibility helps you save time and money.

 

construction equipment tracking how-to

 

Issues Facing the Construction Industry

There are many issues facing the construction industry today. Construction equipment tracking will solve many of these problems by giving you more visibility over what you own.

To name a few common problems you might find:

  • Asset theft
  • Unclear health and safety procedures
  • Asset loss
  • Costly asset downtime
  • Unclear responsibilities over assets

Overall, these issues are costing your construction business money. However, construction equipment tracking and asset management will mitigate these issues, and help you save time while you’re solving them.

 

Asset Management in Construction

The idea behind asset management is to have a register of your assets. You’ll be able to add any necessary data to this register, including asset maintenance histories and requirements, or asset locations.

This asset register will then show you everything you would need to know about your assets, such as the condition of assets, the person responsible for them, or where the assets are.

The idea behind construction asset management software is to simplify the process of creating, logging, and tracking this information. 

With asset management software, you get the benefit of a more automated process than a spreadsheet can provide. Check out this quick demo to see a little more about how you can streamline your construction equipment tracking:

When it comes to mitigating asset theft, you’ll also be able to use GPS tracking to view wherever your assets are in real-time.

Improving Construction Equipment Tracking

As you can see, asset management software has a wide range of benefits. How can you use this to improve construction equipment tracking? By applying a lot of the above asset tracking principles to your tools and equipment.

The use of an asset register, for example, is incredibly effective as it shows you everything you own. This makes it a lot easier to see any potential gaps in your expenses or your equipment use. Therefore, you lose fewer assets.

As you’ll also be able to see data related to asset use and interaction, you’ll also be able to make better-informed decisions. So, if you know that a piece of equipment is used incredibly frequently, you’ll also know that it’s worth purchasing another.

Maintenance is also streamlined with the use of reminders and issues management features. These features tell you and your maintenance team which assets require maintenance, whether reactive or routine, and when the maintenance is required.

You can mix and match construction equipment tracking features, too. So, you’ll be able to check equipment out when it’s required for maintenance, meaning that your whole team can see when an asset isn’t available for use.

Health and safety is much easier to improve, too, as you’ll be able to track and manage PPE. Knowing how many helmets you have and being able to assign this equipment to your colleagues makes everything a lot more visible and a lot safer.

To find out more about how itemit can help you improve your construction equipment tracking, you can book a demo with the team using the button below.

You can also contact us at team@itemit.com or call 01223 421611. Why not start your free trial of our asset tracking software by filling in the form below?

 

Or, you can check out these blogs:

The Importance of Fixed Asset Management Software

3 Reasons you Need Asset Register Software

Why you Need Equipment Tracking Software

Make the Switch to Better Construction Equipment Tracking

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

The Importance of Fixed Asset Management Software

The Importance of Fixed Asset Management Software

Fixed asset management software helps you scale your business, keeps costs down, and increases the speed of your operations.

With fixed asset management software, you’ll be able to:

  • Track and monitor assets
  • View your entire fixed asset register
  • Track financial information
  • Track maintenance
  • View who is using what and when
  • And more!

Fixed asset management software provides you with a high ROI in no time at all.

 

tracking fixed assets

 

The Benefits of Fixed Asset Management Software

There are many benefits when you start tracking fixed assets. You’ll see a high ROI in both time-saving and in cost-cutting.

The visibility, control, and accountability fixed asset management software provides you with makes operations a breeze, whether you’re in an office, in the construction industry, healthcare, or any number of other industries.

To name a few of the benefits, with fixed asset tracking, you’ll be able to do the following:

 

Reduce Operational Costs

With the use of QR code asset tags, you’ll be able to view asset locations and audit where assets have been.

Every scan of a QR code will update an asset’s last seen location, as well as the user that scanned the tag.

What this means is that you’ll be able to create a full audit trail of where assets are, where they’ve been, and who has been interacting with them.

With this information, asset retrieval times are reduced, but you’ll also be able to see any gaps where more tool purchases are necessary.

Tagging and Tracking with QR Code Asset Tags

Minimise Asset Downtime

The ability to track maintenance helps you minimise asset downtime costs. These costs can cause a lot of frustration, as asset downtime is usually unavoidable.

With fixed asset management software, you’ll be able to set reminders for routine calibrations and maintenance, such as PAT tests.

You’ll also be able to raise, view, and edit asset issues. This means that if any of your colleague’s notice that a piece of equipment requires maintenance, they’ll be able to log this. 

Your maintenance team will then get an email and a notification telling them which asset is faulty, and what the fault is.

issues management software

Lose Fewer Assets

Having a full fixed asset register helps you mitigate certain issues, such as ghost assets and zombie assets. You’ll also lose fewer assets as you’ll gain more visibility through location tracking.

Having lost or unaccounted for assets causes many problems, including in terms of tax. If you have a complete, up-to-date fixed asset register, you’ll be able to claim the correct amount back in tax breaks.

Knowing what you own also mitigates problems such as duplicate purchases or unnecessary purchases, saving you money simply by showing you everything you own.

lose fewer assets with fixed asset management software

Using Your Fixed Asset Register

You’ll be able to use your fixed asset management software to create a fixed asset register. Your fixed asset register will show you all of the data you need to save time, money, and to make better-informed business decisions.

This fixed asset register is editable and exportable, so you’ll be able to share it with your finance team, HMRC, contractors, or anyone else that may need to see it.

To find out more about how itemit’s fixed asset management software can help your business, you can book a demo by clicking the button below.

You can also contact us at team@itemit.com or fill in the form below to start your 14-day free trial.

 

Why not check out these blogs?

3 Reasons you Need Asset Register Software

Why you Need Equipment Tracking Software

How To Track your Tools Using Asset Tracking Software

Try Our Fixed Asset Management Software Today

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

3 Reasons you Need Asset Register Software

3 Reasons you Need Asset Register Software

Asset register software is a system where you can log, view, and monitor your business-critical assets. It’s helpful across all industries, from healthcare to construction to churches to charities.

With asset register software, you’ll be able to lose fewer assets, spend less money, and save time on your day to day operations. Create a more efficient business by tracking on monitoring your things!

 

using asset register software

 

You’ll Spend Less On Assets

Without asset register software, you’ll be more likely to lose tools and equipment, spend money on duplicates, and buy unnecessary assets. 

Because you don’t have the data of what is used, how frequently, and by how many people, it’s much more difficult to make business-centred decisions on what to buy.
Asset register software helps with this. Having an asset register shows you what you own, and with the use of QR code asset tags, how frequently it moves between sites and is interacted with.

Tagging and Tracking with QR Code Asset Tags

This data shows you which assets move and are used frequently and which largely remain in one place. With this data, you’ll be able to make better-informed decisions related to which assets you need.

Also, thanks to GPS asset tracking, you’ll also be able to mitigate costs related to asset theft. In the construction industry, for example, theft of tools is a huge problem.

When you use GPS tags, however, you’ll be able to set up geofences to ensure tools remain in the correct location.

 

GPS tracking

 

You’ll Save Time With More Efficient Operations

Asset register software also saves you time. Thanks to GPS and geolocation capabilities, you’ll be able to see where your assets are at any given moment.

The time-saving capabilities don’t stop here, however. You’ll also be able to book assets in advance to indicate that they’re not available for use, allowing for better time management in your business.

To name just a few of the time-saving capabilities, you’ll be able to:

  • Book assets and check them in and out
  • Track and manage maintenance, minimising asset downtime costs
  • Assign assets to users, so you know who is in charge of what
  • Run speedy reports to see all the data you need
  • Track locations, as well as how long assets have been in a given location

 

save time with asset register software

 

You’ll Be Able To Export Your Fixed Asset Register

Finally, you’ll be able to export all of this data. What this means is that everything your asset register software collects will be visible, editable, and exportable thanks to a streamlined reporting system.

So, you’ll be able to run reports on which assets have been seen and used over the course of a week, for example. If you then want to show this data to your manager, boss, or procurement team, you’ll be able to export the data and therefore justify the expense.

Overall, the data you collect during your asset tracking processes is not only easily visible, but it’s malleable. This means that you’ll be able to add filters to your reports so that you can see exactly what you need to, exactly when you need to.

To find out more about itemit’s asset register software, you’ll be able to contact the team at team@itemit.com or phone us on (+44) 1223 421611. 

You can also book a demo using the button below:

Start Using Our Asset Register Software Now

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Why you Need Equipment Tracking Software

Why you Need Equipment Tracking Software

There are many reasons why you need to use equipment tracking software. From saving time to cutting operational costs, equipment tracking software will help.

With equipment tracking software, you’ll have a much clearer view of what you can own and what jobs you can assign equipment to. Overall, this will save you a lot of time, as you won’t have to search for equipment anymore.

 

heavy equipment maintenance tools

 

The Idea Behind Equipment Tracking

The idea behind equipment tracking is that everyone needs a register of what they own, just so they know what they need, what they can use, and what state everything is in.

With equipment tracking, you’ll be able to:

  • See what you own
  • See what requires maintenance
  • See who is using what
  • See where everything is
  • And more!

When you’re using an equipment tracking software, you’ll lose fewer assets and buy fewer unnecessary replacements.

So, if you’re in the construction industry, you’ll be able to view which equipment is available for a job using bespoke bookings features.

bookings and check in check out

So, using equipment tracking software will help you plan ahead for your operations, ensuring that they’ll be delivered on time and under budget.

 

Why Equipment Tracking Software?

You’ll want to invest in an equipment tracking software as opposed to using a spreadsheet as you get so much more functionality using something that is made for equipment tracking.

With a spreadsheet, there’ll always be the risk of ghost assets and zombie assets, but you’ll also have to update the data manually every time an asset moves or requires maintenance.

Therefore, spreadsheets waste your time and don’t give you a high ROI, as they actively prevent you from viewing where assets are and what’s happening with them. The chance for human error is far too high.

With equipment tracking software, however, you get so much more out of your assets. The information you can add is more than plentiful to add a great amount of accountability and transparency to your operations.

 

Asset Tracking Software Functionality

To name some of the functionality, you’ll be able to assign equipment to users or colleagues to see who is using what. 

You’ll also be able to share a list of your assets and set permissions so that contractors have access to the assets they require. Then, as they’ll have interacted with the equipment’s asset tag, you’ll also be able to verify that equipment has been calibrated and worked on.

Not only this, but you’ll be able to report issues, schedule maintenance, check assets out, and assign assets to locations.

Overall, you get an incredible amount of visibility over your things, meaning it’s a lot more difficult to lose an asset, as well as mitigating losses due to asset theft.

All of the data you collect is visible and exportable in reports. These reports help you by creating an automated fixed asset register, as well as by making your data visible and easy to read.

To find out more about how itemit’s equipment tracking software can help your business, you can book a demo by clicking the button below.

You can also contact us at team@itemit.com or start your free trial of our asset tracking software by filling in the form below.

 

Why not check out these blogs?

How To Track your Tools Using Asset Tracking Software

Using Asset Tracking Software in Healthcare

The Best Uses for a Fixed Asset Register

Try Our Equipment Tracking Software Today

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

How To Track your Tools Using Asset Tracking Software

How To Track your Tools Using Asset Tracking Software

Asset tracking software makes tracking your tools and equipment simple. With asset tracking software, you’ll be able to save time and money.

Knowing how to track your tools and equipment is essential for your business’ growth, as well as freeing up more time for you to work on other things.

 

How To Track Your Tools

Essentially, you’ll track your tools and equipment by using an asset tracking software. This software will have online profiles of your tools, where you can add information. 

These online profiles will then be linked to your physical assets, so that any changes in location or asset status can be logged with ease, against the specific tools you’re tracking.

You’ll be able to add:

  • Maintenance information
  • Location data
  • Bookings and checkouts
  • Assignees to show who is in charge of which tools
  • Tool quantities

All of this information is then visible and exportable in a streamlined reporting page. This information gives you the data you need to make better-informed business decisions, such as when to replace tools and where tools are for retrieval.

Using QR Code Asset Tags

You’ll link your physical tools to their digital profiles with QR code asset tags. These asset tags are stuck on your assets, and you’ll be able to scan them with your asset tracking software to retrieve the relevant profile.

Every time an asset’s tag is scanned, the last seen location of the asset is also updated, as well as the user who scanned the asset. This gives you a full audit trail of where assets have been.

Tagging and Tracking with QR Code Asset Tags

Using asset tags speeds up your asset tracking processes as you’ll be able to edit asset information quickly, simply by scanning an asset’s tag.

For example, if you need to report an issue with an asset, all you need to do is scan the asset’s tag and report the issue. Your maintenance team will then be notified, minimising asset downtime and getting the asset fixed faster.

 

How Tracking your Tools Saves You Time and Money

Overall, the data you can add, manage, track, and update saves you time and money.

So, as you’ll be able to add depreciation information, you’ll be able to view when it’s time to replace an asset. Or, if an asset has had multiple issues reported against it, you’ll know that it’s more economical to replace it than continue to spend money on maintenance.

All of this data is exportable with your asset tracking software’s reporting features. This means that you’ll get a complete fixed asset register with all of the data you’ve collected against your assets.

Overall, you’ll know what you own and be able to view everything about your assets at ease in a quick, effective way. This speeds up everything from maintenance, with issues management, to asset retrieval, as you’ll be able to see where your tools are, ready for use.

To find out more about how to track your tools using asset tracking software, you’ll be able to book a demo with the team by pressing the button below.

You can also contact the team at team@itemit.com or fill in the form below to start your free trial.

 

Why not check out these blogs?

Using Asset Tracking Software in Healthcare

The Best Uses for a Fixed Asset Register

How Does IT Asset Management Work?

Start Tracking Your Tools Now

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Using Asset Tracking Software in Healthcare

Using Asset Tracking Software in Healthcare

If you’re in the healthcare industry, you’ll be able to use asset tracking software to save crucial time and to ensure everything is running properly.

You’ll be able to:

  • Automate asset location tracking
  • View who is using which assets
  • Manage pre-emptive maintenance
  • Minimise asset downtime
  • Stocktake PPE and equipment for ambulances

Using asset tracking software for healthcare assets allows you more freedom and peace-of-mind to perform your duties, as you’ll know that life-saving equipment is both accounted for and accessible.

 

asset tracking software healthcare

 

Tracking Pre-Emptive Maintenance

You’ll need to track calibrations, issues, and any other maintenance-related information. The best way to do this is by using asset tracking software, as many of your processes can be automated.

For example, you’ll be able to set repeating reminders so that you never miss an important date. When maintenance is required, you’ll get a notification on your phone and by email to indicate that maintenance is due.

Using Reminders for Equipment Maintenance Tracking

Then, when your equipment is due to undergo maintenance, you’ll be able to book the asset out in advance, indicating to your team that the asset is unavailable.

bookings and check in check out

The idea behind asset tracking software in healthcare is to optimise your efficiency. Being able to make maintenance more transparent and visible to more people helps with this greatly, as your team has all the information they need.

 

Tracking Stock Levels

You’ll be able to track stock levels with healthcare asset tracking software, too. So, you’ll be able to manage how much PPE you own. This way, you’ll be able to see that the acquisition of more PPE is necessary earlier.

itemit is already in use to help with the COVID-19 crisis. We’ve paired up with users from Canada to Cambridge to Singapore. For example, we’re helping the University of Cambridge track PPE they receive via donations. These donations are then delivered to the local hospital.

The benefit of asset tracking software is that you’ll be able to track, view, and manage many things simultaneously and all in one place. So, while you’re tracking your stock levels, you’ll also be able to ensure that maintenance is getting looked after efficiently.

 

Automation and Healthcare Asset Tracking Software

itemit’s asset tracking software offers you a unique level of automation. In a busy healthcare setting, it may be necessary for you to invest in fixed RFID reader asset tracking.

With fixed RFID readers, any asset movements will get picked up by scanners around your healthcare site. Therefore, if some equipment moves from one room to another, this is recorded in your asset tracking software.

Ultimately, you’ll be able to see where everything is and where it has been without any manual interaction. Overall, you’ll save a lot of time and gain a lot of peace of mind that everything is where it should be.

To find out more about how itemit can help you speed up your healthcare asset tracking, you can book a demo with the team by pressing the button below.

You’ll also be able to contact us at team@itemit.com or by calling +441223 421611. If you fill out the form below, you’ll be able to start a 14-day free trial of itemit to try it out for yourself.

 

Why not check out these blogs?

The Best Uses for a Fixed Asset Register

How Does IT Asset Management Work? 

How to Use Fixed Asset Management Software

Try Out Asset Tracking Software For Healthcare

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started